xAI

Elon Musk's xAI raises $6 billion in new cash to fuel AI ambitions- BC

Elon Musk’s xAI raises $6 billion in new cash to fuel AI ambitions– BC

Updated December 25 at 12:21 pm Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s artificial intelligence company, has increase $6 billion in a Series C financing round. The company announced this week in which Andreessen Horowitz, Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy […]

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xAI is testing a standalone iOS app for its Grok chatbot- BC

xAI is testing a standalone iOS app for its Grok chatbot– BC

Elon Musk’s artificial intelligence company xAI is testing a standalone iOS app for its chatbot, Grok, which until now was only available to X users. The app, currently available in Australia and some countries in beta, can access real-time data from the web and X, and offers generative AI features like rewriting text, summarizing long

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Fidelity Reportedly Increased Its Stake in X by 32 Percent- BC

Fidelity Reportedly Increased Its Stake in X by 32 Percent– BC

Fidelity increased the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report in Axios. Even with this margin, Fidelity still values ​​the company at 72 percent less than the $44 billion Musk bought it for in 2022. Axios reports that this move is likely related to

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